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BMW Sees Auto Margin at Low End of Guidance
BMW Sees Auto Margin at Low End of Guidance on Weak Sales
BMW AG said its 2024 automaking profit margin will be at the lower end of guidance after sales of its premium cars fell.
BMW expects full-year earnings margin in lower half of 6-7% target
BMW expects its earnings before taxes in the fourth quarter to be significantly below last year and for its full-year margin to be in the lower half of its 6-7% target, according to slides posted on the carmaker's website on Tuesday.
BMW's 2024 profit margin to hit lower end of guidance due to premium car sales drop
AG, has stated that the profit margin for its automaking segment in 2024 will likely be at the lower end of its previously forecasted 6-7% range. This adjustment is due to declining sales of the company's premium vehicles.
Tesla, BMW sue EU
BMW CEO proposes cutting EU tariff on US vehicle imports to 2.5%
BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the current U.S. import tariff, the German automaker's CEO Oliver Zipse said on Tuesday.
Tesla, BMW sue EU after China EVs hit by tariffs
Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of cases by Chinese carmakers attacking tariffs peaking at 45% on imports of electric vehicles (EVs) into the bloc.
Tesla, BMW Sue EU as Tension Mounts on Chinese EV Tariffs
Tesla and Germany’s BMW are suing the European Commission, joining a growing band of Chinese automakers to oppose the European Union on its punitive tariffs on electric vehicles.
4d
on MSN
BMW trolled after announcing it’s ‘no longer posting’ on X: ‘Becoming More Woke’
German car maker BMW’s UK division got trolled by X users on Thursday after abruptly announcing that it was “no longer posting” on the platform ...
BizPac Review
8h
BMW UK announces exit from Musk-owned X, didn’t see the brutal mocking in its headlights
Despite not being an airport, some users still feel the need to announce their departure from X. This almost always results ...
1h
on MSN
Next-Gen BMW X5 To Include Hydrogen Model Developed With Toyota
BMW has been testing hydrogen-powered X5s for years and apparently the next model will enter normal production ...
5h
on MSN
BMW Teases a More Extreme M3 CS Touring Station Wagon
While it's unlikely that BMW will reverse course and start selling an M3 wagon in America in time for the M3 CS Touring, U.S.
autoevolution
14h
BMW M3 CS Touring Teased, Might Not Launch in America
The BMW M3 CS Sedan is about to get a more practical sibling. The upcoming M3 CS Touring's production will reportedly be ...
9d
on MSN
Four things you didn’t know about the BMW X5
The BMW X5 is celebrating its silver anniversary, and its presence is no longer the anomaly it seemed to be upon its arrival.
1d
on MSN
BMW Says Big Displays “Disconnect” Drivers From The Road
According to BMW chief development officer Frank Weber, the company doesn’t believe adding ever larger screens is the ...
1h
on MSN
BMW i3: The Used Buyer's Guide
The BMW i3 can be a great bargain on the used market, but there are some issues you should be aware of. BMW was one of the ...
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